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3% TREASURY 10-YEAR INFLATION-INDEXED NOTES

Ref CPI and Index Ratios for June 2003

Contact: Office of Financing       202-504-3550

DESCRIPTION:                            Series C-2012
CUSIP NUMBER:                           912828AF7
DATED DATE:                             July 15, 2002
ORIGINAL ISSUE DATE:                    July 15, 2002
ADDITIONAL ISSUE DATE:                  October 15, 2002
                                        January 15, 2003
MATURITY DATE:                          July 15, 2012
Ref CPI on DATED DATE:                  179.80000
TABLE FOR MONTH OF:                     June 2003
NUMBER OF DAYS IN MONTH:                30

CPI-U (NSA) February 2003               183.1
CPI-U (NSA) March 2003                  184.2
CPI-U (NSA) April 2003                  183.8

Month   Calendar Day    Year    Ref CPI       Index Ratio

June            1       2003    184.20000       1.02447
June            2       2003    184.18667       1.02440
June            3       2003    184.17333       1.02432
June            4       2003    184.16000       1.02425
June            5       2003    184.14667       1.02418
June            6       2003    184.13333       1.02410
June            7       2003    184.12000       1.02403
June            8       2003    184.10667       1.02395
June            9       2003    184.09333       1.02388
June            10      2003    184.08000       1.02380
June            11      2003    184.06667       1.02373
June            12      2003    184.05333       1.02366
June            13      2003    184.04000       1.02358
June            14      2003    184.02667       1.02351
June            15      2003    184.01333       1.02343
June            16      2003    184.00000       1.02336
June            17      2003    183.98667       1.02329
June            18      2003    183.97333       1.02321
June            19      2003    183.96000       1.02314
June            20      2003    183.94667       1.02306
June            21      2003    183.93333       1.02299
June            22      2003    183.92000       1.02291
June            23      2003    183.90667       1.02284
June            24      2003    183.89333       1.02277
June            25      2003    183.88000       1.02269
June            26      2003    183.86667       1.02262
June            27      2003    183.85333       1.02254
June            28      2003    183.84000       1.02247
June            29      2003    183.82667       1.02240
June            30      2003    183.81333       1.02232